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Silver Bullion Prices Rally

Coinblogger — Mon, 25 May 2009 10:55:16 +0000

Wow, what a week for silver bullion prices. Silver and gold prices went up 5.3% and 3.3%, respectively. Those are pretty big rallies in one week for the bullion markets.

The price of silver is at a 9 month high. But, what caused this rally?

I think that the biggest reason for silver and gold prices going up is the weekness in the US Dollar. The US Dollar declined rapidly this week and when this happens, investors look for ways to move money out of a declining Dollar and into commodities offering more price stability.

We will have to see whether the silver bullion prices continue to rally this week or whether people sell off their silver positions.

2007 Jamestown 400th Anniversary Commemorative Silver Dollar

Coinblogger — Wed, 25 Feb 2009 12:16:58 +0000

The 2007 Jamestown 400th Anniversary Commemorative Silver Dollar is one of the most beautiful coins ever issued by the United States Mint. In fact, it just won the coin of the year award for best historical coin. The 2007 Jamestown Commemorative Silver Dollar will go down as won of the best modern commemorative coins produced by the US Mint.

2007 Jamestown 400th Anniversary Commemorative Silver Dollar

The 2007 Jamestown Commemorative Silver Dollar honors the brave men and women who settled Jamestown, Virginia in 1607. The obverse of the Jamestown commemorative coin shows three cultures coming together in Jamestown – the Europeans, American Indians and Africans. The reverse design is of the three ships that were used by the settlers when sailing to Jamestown.

One interesting thing about the design of the 2007 Jamestown 400th Anniversary Commemorative Silver Dollar is that there were different designers for the obverse and the reverse. Donna Weaver designed the obverse and Don Everhart did the sculpting. The reverse design was done by Susan Gamble and sculpting by Charles Vickers.

As a little trivia question, do you know the name of the three boats on the 2007 Jamestown 400th Anniversary Commemorative Silver Dollar? If so, tell me the answer in the comments below.

2009 Lincoln Commemorative Silver Dollar

Coinblogger — Sun, 01 Feb 2009 15:47:16 +0000

The 2009 Lincoln Commemorative Silver Dollar goes on sale on February 12, 2009 according to the United States Mint 2009 Product Availability Schedule. February 12 marks the 200th anniversary of Lincoln’s birth. In honor of Abraham Lincoln, the Congress ordered the Mint to produce the 2009 Abraham Lincoln Commemorative Silver Dollar.

This US commemorative coin is composed of 90 percent silver. It weighs 26.73 grams and is 1.5 inches in diameter. There will be a total of 500,000 Lincoln commemorative coins produced.

The obverse has a picture of Abraham Lincoln with the Motto In God We Trust and the Word Liberty. The reverse of the 2009 Abraham Lincoln Commemorative Silver Dollar features a quote from Lincoln’s Gettysburg Address.

It amazes me that Abraham Lincoln only served one term as President of the United States. He served from 1861 to 1865 when he was assinated by John Wilkes Boothe. Except for George Washington, no American President had a greater impact on the country than Lincoln. He lead our country to victory in the Civil War and ended slavery in America. George Washington is my favorite President. But, Lincoln has to be my second favorite.

Will you buy a 2009 Lincoln Commemorative Silver Dollar?